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The Model Suggesting That Countries Will Specialize in Producing the Good

Question 8

Multiple Choice

The model suggesting that countries will specialize in producing the good that uses its relatively abundant factor of production MOST intensively is referred to as the _____ model.


A) Heckscher-Ohlin
B) absolute advantage
C) sweatshop labour
D) pauper labour fallacy

Correct Answer:

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